InRule Technology

InRule Technology, Inc. is a software company that specializes in developing a business rules management system (BRMS) designed to help organizations automate complex decision-making processes. Founded in 2002 and based in Chicago, Illinois, InRule provides a comprehensive solution that includes tools for authoring, managing, and executing business rules. Its offerings encompass irAuthor for defining rule applications, irVerify for testing and debugging, irStudio for developers, and irSDK for integration into existing systems. Additionally, InRule features irServer for performance monitoring and message handling, irCatalog for rule management, and irWord for authoring executable rules within Microsoft Word. The platform supports various environments, including JavaScript, Microsoft Dynamics CRM, Microsoft Azure, and Salesforce. By empowering business users with a low-code platform and advanced features such as real-time data processing and extensive API capabilities, InRule enhances decision-making across industries such as insurance, banking, healthcare, government, and manufacturing, ultimately driving operational efficiency and superior business outcomes.

Charles Snellgrove

CEO

2 past transactions

Barium

Acquisition in 2021
Barium is a company based in Gothenburg, Sweden, that specializes in Business Process Management (BPM) and low-code digital process automation (DPA) solutions. Established in 1995, Barium focuses on helping enterprises automate and enhance the quality of their business processes while ensuring they remain current and effective. The company's platform allows users to digitize workflows, develop customized applications visually, and integrate seamlessly with existing systems. Barium's software is designed for leading businesses and organizations that seek to improve efficiency and achieve exceptional results through streamlined operations. With a team that possesses extensive experience in information management and BPM, Barium is positioned to support customers in navigating the complexities of process automation.

simMachines

Acquisition in 2021
simMachines, Inc. is a Chicago-based company founded in 2012 that specializes in machine learning software, focusing on delivering explanations for predictions in various applications such as marketing, fraud detection, and compliance. The company's technology enables users to analyze both structured and unstructured data, uncovering patterns and anomalies while providing real-time recommendations. A key feature of simMachines' approach is its emphasis on transparency, allowing users to understand the underlying reasons behind predictions, which helps meet stringent AI auditing standards. Their product offerings include verifyAI, a platform for dynamic predictive segmentation, and personifyAI, a subscription service that utilizes location-based mobile data for behaviorally-driven segmentation. With a focus on similarity-oriented solutions, simMachines empowers data scientists, marketers, and business leaders to enhance decision-making and customer engagement through more relevant and targeted insights.
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